Nampally: Rs 21 Lakh Stolen In The Name Of Crypto Conversion
Two unidentified persons who promised to convert Indian currency into cryptocurrency sprayed pepper spray in a man's eyes and fled with Rs 21 lakh in Nampally.

Hyderabad: Two unidentified persons who promised to convert Indian Rupees into cryptocurrency sprayed pepper spray in a man's eyes and fled with Rs 21 lakh in Nampally on Monday.
According to Nampally Circle Inspector CH. Saidulu, N.N. Amarendra (42), a resident of Janapriya Apartments, Motinagar, Erragadda, who works as a bank loan facilitator, was approached by a person named Shanawaz from Jubilee Hills. He reportedly asked Amarendra to convert Rs 25 lakh into cryptocurrency for him.
Following the advice of his two friends, Vijay Kumar and Amar Kumar, Amarendra went to a place called Binance Wallet Office at Bazaar Ghat in Nampally. A person there introduced himself as Sumer, and another person in the office as Sayyad. When Amarendra asked for cryptocurrency for Rs 25 lakh, the two persons asked him to show the cash first. As soon as he showed the money, the duo suddenly sprayed pepper spray into Amarendra's eyes and tried to snatch the Rs 25 lakh and flee.
Vijay Kumar, who was beside him, tried to catch them, but in the scuffle Rs 4 lakh slipped from their hands and fell down. However, the accused escaped with the remaining Rs 21 lakh. Based on the victims' complaint, Nampally police have registered a case and launched a hunt for the accused.

